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PNC Financial Services Group Inc. Has $58.09 Million Holdings in Advanced Micro Devices, Inc. $AMD
PNC Financial Services Group Inc. increased its stake in Advanced Micro Devices (AMD) by 3.5% in the third quarter, bringing its holdings to 359,057 shares valued at approximately $58.09 million. Despite significant insider selling over the last quarter, analysts generally hold a “Moderate Buy” rating for AMD with an average price target of $288.17, following the company’s strong Q4 earnings report which beat estimates with a 34.1% year-over-year revenue increase.